In a tight race, early exit polls from the 2024 US election indicate a slim lead for former President Donald Trump, sparking immediate reactions in financial markets. Investors are closely monitoring the outcome, as a Trump advantage hints at potential shifts in economic policies that could impact global markets.
The news is already affecting major currency pairs, with the US dollar strengthening against other currencies amid investor expectations of a policy tilt should Trump secure the presidency. Historically, Trump’s economic agenda has included tax reforms, infrastructure spending, and trade policy adjustments that favor a stronger dollar, drawing renewed attention from market participants.
In addition to currency shifts, equity markets are on edge as traders speculate on how a Trump victory could influence the Federal Reserve’s approach. Trump’s stance on fiscal policies could pressure the Fed to adapt its monetary policies, likely affecting interest rates and investor confidence in the months ahead.
As the evening unfolds, the slim lead shown in exit polls continues to drive volatility across financial sectors, with global investors awaiting further results that could shift the balance in either direction.
